business in Caucasus

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Baku put its best foot forward in Davos

Baku put its best foot forward in Davos

The participation in the 46th annual session of the World Economic Forum in Davos was very productive for Azerbaijan: including arrangements with foreign companies and the positioning of the republic in the world market as a whole, Rovshan …

New сenter of Georgian wine opens in China

New сenter of Georgian wine opens in China

Center of Georgian wine will open in the Chinese province of Jiangxi. It is known that the center will have degustation and exhibition halls, museum, enoteca and Georgian restaurant, all of these facilities will be located in the territory of 4 …

Georgian businesses to receive state support

Georgian businesses to receive state support

The government will help entrepreneurs in order to accelerate the process of European integration, Georgian Prime Minister Giorgi Kvirikashvili stated at the 'Leaders Forum' in Tbilisi. "European and …

New Year in Armenia: lack of buyers

New Year in Armenia: lack of buyers

The recent tendency of the contraction in consumer demand has become a consequence of the decline in the purchasing power of the population

 Azerbaijan bans alcohol and tobacco sales for cash

Azerbaijan bans alcohol and tobacco sales for cash

Azerbaijani President Ilham Aliyev has signed a decree on applying amendments to the Code of Administrative Offences and the Criminal Code, which stipulate a ban on the sale of alcoholic drinks and tobacco products for cash. …

Will Iranian energy resources be carried by Azerbaijani pipelines?

Will Iranian energy resources be carried by Azerbaijani pipelines?

This weekend Tehran hosted a major international conference on the conclusion of new oil and gas contracts between Iran and foreign companies. The process of lifting the sanctions against Iran will begin in the next year, and the largest oil and …

 AvtoVAZ plans to return to Azerbaijani market

AvtoVAZ plans to return to Azerbaijani market

AvtoVAZ intends to return its products to the markets of Azerbaijan, Kazakhstan, Ukraine and Belarus. "In the near future the company intends to return to the markets of Azerbaijan, Kazakhstan, Ukraine and Belarus. The …

Azerbaijan simplifies rules for business licensing

Azerbaijan simplifies rules for business licensing

Azerbaijani President Ilham Aliyev has signed a decree, which minimizes a number of licenses for commercial activities, simplifies licensing rules and ensure transparency of the …

Why did Garibashvili urgently fly to Baku?

Why did Garibashvili urgently fly to Baku?

Three-hour talks between Azerbaijani President Ilham Aliyev and Prime Minister of Georgia Irakli Garibashvili, held during a working visit of Garibashvili to Baku, were focused on key issues of the bilateral …